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$2,402,720

2010 CR 228, Florence, TX, 76527

On MarketInfo

About this property

Located minutes from Florence, approx. 25 miles N of Georgetown and approx. 10 minutes from the Killeen airport, lies 52 +/- acres of multi use land. Cozy 3/2 ranch style stone home sits on the property along with multiple outbuildings and beautiful oaks. Above ground pool. Currently used for agriculture, but would make a great development site. 6" water main runs through the property. Florence ISD is in discussion with the possible purchase of 20 acres for a new elementary school and rumor has it this property is in close proximity. Further investigation would be necessary.

Investor Tools

$0Estimated Mortgage Balance
$2,402,720Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,416 /month
Positive
Cash Flow Estimate:
$4,805 /month

Interested in this property?

Joe David Yates & Assoc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Florence

2010 CR 228 | Property Details | No Agent List